The Parkmead Group (LON:PMG) Share Price Passes Above 50-Day Moving Average – What’s Next?

The Parkmead Group plc (LON:PMG) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 15.50 and traded as high as GBX 19.40. The Parkmead Group shares last traded at GBX 19.25, with a volume of 101,730 shares.

The Parkmead Group Stock Up 3.8%

The stock has a market cap of £21.27 million, a P/E ratio of 2.90 and a beta of 1.45. The company has a current ratio of 2.85, a quick ratio of 1.04 and a debt-to-equity ratio of 6.39. The firm’s fifty day moving average is GBX 15.50 and its 200 day moving average is GBX 14.96.

The Parkmead Group (LON:PMG) last released its quarterly earnings results on Monday, February 16th. The company reported GBX 6.72 earnings per share (EPS) for the quarter. The Parkmead Group had a net margin of 86.40% and a return on equity of 28.81%. As a group, equities research analysts forecast that The Parkmead Group plc will post 1.5972222 EPS for the current year.

The Parkmead Group Company Profile

The Parkmead Group plc, an independent oil and gas company, engages in the exploration and production of oil and gas properties in Europe, North America, and internationally. It operates through three segments: Oil and Gas Exploration and Production; Energy Economics; and Renewables. The Oil and Gas Exploration and Production segment invests in oil and gas exploration and production assets. The Energy Economics segment provides energy sector economics, valuation, and benchmarking, advising on energy policies and fiscal matters, undertaking economic evaluations, supply benchmarking services, and training.